Oracle slashes 10,000 jobs in India — roughly 20% of its local workforce — as part of a sweeping global restructuring affecting 30,000 employees worldwide, with analysts saying the cuts could free up $10 billion to fuel the tech giant's aggressive AI and data centre expansion.
Cursor 3 launches as a revolutionary agent-first development platform, featuring a rebuilt interface with multi-repo support, seamless local-to-cloud handoff for uninterrupted AI agent sessions, an integrated browser, and a plugin marketplace — redefining how developers build software with AI.
Microsoft launches three powerful AI models — MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2 — undercutting Google and OpenAI on price while reaffirming its multi-billion dollar OpenAI partnership.
A global 'frugal AI' movement is gaining momentum, delivering small, energy-efficient models that run on cheap, offline hardware to serve communities excluded from mainstream AI, including preserving endangered Indigenous languages using minimal data on sub-$50 devices.
Sandisk drops 26% amid fears over Google's TurboQuant compression algorithm, but with Q2 data center sales surging 64% quarter-over-quarter, margins projected at 65-67%, and a $671 price target suggesting 17-18% undervaluation, analysts say the sell-off is overblown and the stock presents a strong buying opportunity.
MIT's SEED-SET framework is revolutionizing AI safety by automatically detecting ethical blind spots in critical infrastructure systems before deployment, uncovering alarming biases like AI prioritizing wealthier neighborhoods during peak power demand.
Google launches Gemma 4, a new open-weight AI model family with four sizes optimized for both large-scale and mobile use, while switching to the developer-friendly Apache 2.0 license and teasing a next-gen Gemini Nano 4 for smartphones ahead of Google I/O.
OpenAI CEO Sam Altman admits he 'miscalibrated' public distrust over AI-government partnerships, defending his company's Pentagon deal while arguing democratic institutions must oversee AI and calling for government dominance in national security AI decisions.
Cognichip raises $93M to revolutionize chip design with deep learning technology that promises to slash development costs by 75% and cut timelines in half, attracting investment from Intel CEO Lip-Bu Tan despite having yet to publicly demonstrate a finished chip.
Anthropic accidentally exposes 512,000 lines of Claude's internal source code via an npm package map file, revealing unreleased features, secret codenames, and a more powerful Claude 4.6 variant — marking the company's second major accidental disclosure in two weeks and raising serious concerns about the safety-focused AI firm's own operational …